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Sony to sell new $399 PlayStation 3 in U.S.
- October 18, 2007 13:45 PM PST
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Sony announced on Thursday that it will begin selling the cheaper 40GB PlayStation 3 in the U.S. on Nov. 2 in an effort to boost slow sales.
The new 40GB PS3 -- is $399 the right price?
As previously reported, the 40GB PS3 excludes backwards compatibility of PS2 games and features two USB ports instead of four. In addition to introducing a cheaper PS3, Sony immediately cut the price of the 80GB MotorStorm bundle to $499 as expected.
"We're choosing to focus on the PlayStation 2 consumer with the PlayStation 2, which remains incredibly relevant, and focus on the PlayStation 3 consumer with the new 40-gigabyte model and the great software coming out," PlayStation boss Jack Tretton said when asked by Reuters about the absence of backwards compatibility.
"Backward compatibility is a nice secondary consideration, but it's far from the number-one priority," Tretton added.
The $399 PS3 arrives in stores on Nov. 2. The new model launched earlier this month in both Europe and Japan to nearly a 150 percent boost in sales.